Bachelor of Business Administration (Islamic Financial Planning) (Honours)

PROGRAMMME OBJECTIVES

• to develop Financial Planners who are knowledgeable and competent in practicing Islamic principles in their field of work;
• to develop Financial Planners who are able to comprehend the mechanisms in implementing Islamic disciplines in current scenario, in the areas of business and financial planning;
• to develop Financial Planners who are competitive and are continuously acquiring knowledge through lifelong learning;
• to produce Financial Executives who are capable of imparting information about Islamic banking and finance to a society with diversified cultures and customs; (this sentenced is being rephrased)
• to produce Islamic Financial Planners who are professional and ethical in carrying out their duties, and who fulfill their responsibilities to the Creator, the country and its nation; and
• to produce Financial Planners who think critically about their assessments and actions to enable them to overcome current issues pertaining to Islamic financial planning.

Upon successful completion of the programme, graduates will also be:

• awarded the Certified Islamic Finance Qualification (Banking) or CIFQ (Banking) by Islamic Banking and Finance Institute Malaysia (IBFIM);
• awarded the Basic Certificate in Islamic Banking and Takaful or BCIBT by IBFIM; and
• granted exemptions of 5 out of 6 modules for the Islamic Financial Planner (IFP) qualification by IBFIM-FPAM or Financial Planning Association of Malaysia, that is endorsed by the Securities Commission and Bank Negara Malaysia.

Why study ISLAMIC FINANCE PLANNING

UNIRAZAK recognises the rising importance of Islamic Finance, which is projected to grow tremendously and become a major force in global economics. With this in mind, our curriculum is jointly developed by experts within academia and the financial industry. UNIRAZAK collaborates with the Financial Planning Association of Malaysia (FPAM) and the Islamic Banking and Finance Institute Malaysia (IBFIM), which are prominent institutions endorsed by Bank Negara Malaysia, to develop and conduct a cutting-edge Islamic Financial Planning academic programme that positions its graduates to take full advantage of this upcoming field.

Upon successful completion of the programme, graduates will also be: 

• Awarded a Basic Certificate in Islamic Banking and Takaful (BCIBT) by IBFIM
• Granted exemptions of 5 out of 6 modules for the Islamic Financial Planner (IFP) qualification by IBFIM-FPAM, that is endorsed by the Securities Commission and Bank Negara Malaysia (terms and conditions apply).

• STPM: A Pass in STPM with a minimum grade C (Grade Point of 2.00) in any TWO (2) subjects and a pass in Mathematics and a pass in English at SPM level; OR

Note: The requirement for PASS in Mathematics and English at the SPM level can be excluded if the candidate obtained credit of higher grade at STPM.

• A-LEVEL: A Pass in A-Level with a minimum of Grade D in TWO (2) subjects and a credit in Mathematics and a pass in English at SPM level or its equivalent; OR

• MATRICULATION: A Pass Matriculation, Foundation or Pre-University with a minimum CGPA of 2.00 from an institution recognized by the Malaysian Government; OR

• STAM: A Pass in Sijil Tinggi Agama Malaysia (STAM) with a minimum grade of Jayyid and a pass in Mathematics and English at SPM level; OR

Note: The requirements for PASS in Mathematics and English at the SPM level can be excluded if the candidate obtained credit or higher grade at STAM

• UEC: A Paass in UEC with minimum of B grade in FIVE (5) subjects including a pass in Mathematics and English; OR

• Diploma: A Pass in Diploma with a minimum CGPA of 2.00 from universities/Colleges recognized by the Malaysian Government; OR

• IB: A Pass in International Bacccalaurete (IB) Diploma with minimum score of 30 points; OR

• Others: Other equivalent qualifications recognised by MQA/Malaysian Government**

1. Diploma Executive UM

2. Diploma Kolej Vokasional (DVM)

Pass DVM in Related fields AND Pass Sijil Vokasional Malaysia (SVM) with:

• An Academic Cumulative Grade Point Average (CGPA) of 2.00 or higher;

• A vocational CGPA of 2.67 or higher and competent in all vocational module;

• A credit Bahasa Melayu (SVM 1104)

** Cohort 2013 onwards also need to get an exemption from obtaining a pass grade for Sejarah at SPM level

• International: IELTS Band 5.5 or TOEFL 550 or a minimum of Grade B2 (162) in First Cambridge English (FCE) or MUET (Band 3) or other equivalent English qualification recognised by MQA/Malaysian Government

** The validity period for TOEFL and IELTS is TWO (2) years from the date of the award.

Note: Conditional offer letter will be issued to international student who has not met the English Proficiency Requirements. The student has to achieve English Proficiency Requirement within period for 12 months.